Imperial Oil (TSX:IMO) said on Friday that it had slowed down the development of its Aspen oil sands project, due to the market uncertainty that the mandatory production cuts in Alberta have created. Imperial Oil, alongside Suncor Energy (TSX:SU) and Husky Energy (TSX:HSE), has opposed the cuts across the board and those companies—mostly with investments in downstream operations that had benefited from the very low prices of refinery feedstocks—continue to hold the view that the Alberta government has been wrong in intervening on the free market. “Imperial’s view remains that free markets work and intervention sends ... (full story)